Consumer Corner
America is falling behind in the global EV race – that’s going to cost the US auto industry
Hengrui Liu, Tufts University and Kelly Sims Gallagher, Tufts University
At the 2026 Detroit Auto Show, the spotlight quietly shifted. Electric vehicles, once framed as the inevitable future of the industry, were no longer the centerpiece. Instead, automakers emphasized hybrids, updated gasoline models and incremental efficiency improvements.
The show, held in January, reflected an industry recalibration happening in real time: Ford and General Motors had recently announced US$19.5 billion and $6 billion in EV-related write-downs, respectively, reflecting the losses they expect as they unwind or delay parts of their electric vehicle plans.
The message from Detroit was unmistakable: The United States is pulling back from a transition that much of the world is accelerating. https://www.youtube.com/embed/VPMEgNAY60o?wmode=transparent&start=0 Highlights from the Detroit Auto Show, starting with V-8 trucks, by the Detroit Free Press’ auto writer.
That retreat carries consequences far beyond showroom floors.
In China, Europe and a growing number of emerging markets, including Vietnam and Indonesia, electric vehicles now make up a higher share of new passenger vehicle sales than in the United States.
That means the U.S. pullback on EV production is not simply a climate problem – gasoline-powered vehicles are a major contributor to climate change – it is also an industrial competitiveness problem, with direct implications for the future of U.S. automakers, suppliers and autoworkers. Slower EV production and slower adoption in the U.S. can keep prices higher, delay improvements in batteries and software, and increase the risk that the next generation of automotive value creation will happen elsewhere.
Where EVs are taking over
In 2025, global EV registrations rose 20% to 20.7 million. Analysts with Benchmark Mineral Intelligence reported that China reached 12.9 million EV registrations, up 17% from the previous year; Europe recorded 4.3 million, up 33%; and the rest of the world added 1.7 million, up 48%.
By contrast, U.S. EV sales growth was essentially flat in 2025, at about 1%. U.S. automaker Tesla experienced declines in both scale and profitability – its vehicle deliveries fell 9% compared to 2024, the company’s net profit was down 46%, and CEO Elon Musk said it would put more of its focus on artificial intelligence and robotics.
Market share tells a similar story and also challenges the assumption that vehicle electrification would take time to expand from wealthy countries to emerging markets.
In 39 countries, EVs now exceed 10% of new car sales, including in Vietnam, Thailand and Indonesia, which reached 38%, 21% and 15%, respectively, in 2025, energy analysts at Ember report.
In the U.S., EVs accounted for less than 10% of new vehicle sales, by Ember’s estimates.
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U.S. President Donald Trump came back into office in 2025 promising to end policies that supported EV production and sales and boost fossil fuels. But while the U.S. was curtailing federal consumer incentives, governments elsewhere largely continued a transition to electric vehicles.
Europe softened its goal for all vehicles to have zero emissions by 2035 at the urging of automakers, but its new target is still a 90% cut in automobiles’ carbon dioxide emissions by 2035.
Germany launched a program offering subsidies worth 1,500 to 6,000 euros per electric vehicle, aimed at small- and medium-income households.
In developing economies, EV policy has largely been sustained through industrial policies. In Brazil, the MOVER program offers tax credits explicitly linked to domestic EV production, research and development, and efficiency targets. South Africa is introducing a 150% investment allowance for EV and battery manufacturing, giving them a tax break starting in March 2026. Thailand has implemented subsidies and reduced excise tax tied to mandatory local production and export commitments.
In China, the EV industry has entered a phase of regulatory maturity. After a decade of subsidies and state-led investment that helped domestic firms undercut global competitors, the government’s focus is no longer on explosive growth at home.
With their domestic market saturated and competition fierce, Chinese automakers are pushing aggressively into global markets. Beijing has reinforced this shift by ending its full tax exemption for EV purchases and replacing it with a tapered 5% tax on EV buyers.
Consequences for US automakers
EV manufacturing is governed by steep learning curves and scale economies, meaning the more vehicles a company builds, the better it gets at making them faster and cheaper. Low domestic production and sales can mean higher costs for parts and weaker bargaining power for automakers in global supply chains.
The competitive landscape is already changing. In 2025, China exported 2.65 million EVs, doubling its 2024 exports, according to the China Association of Automobile Manufacturers. And BYD surpassed Tesla as the world’s largest EV maker in 2025.
https://datawrapper.dwcdn.net/erFIJ/1
The U.S. risks becoming a follower in the industry it once defined.
Some people argue that American consumers simply prefer trucks and hybrids. Others point to Chinese subsidies and overcapacity as distortions that justify U.S. industry caution. These concerns deserve consideration, but they do not outweigh the fundamental fact that, globally, the EV share of auto sales continues to rise.
What can the US do?
For U.S. automakers and workers to compete in this market, the government, in our view, will have to stop treating EVs as an ideological matter and start governing it like an industrial transition.
That starts with restoring regulatory credibility, something that seems unlikely right now as the Trump administration moves to roll back vehicle emissions standards. Performance standards are the quiet engine of industrial investment. When standards are predictable and enforced, manufacturers can plan, suppliers can invest in new businesses, and workers can train for reliable demand.
Governments at state and local levels and industry can also take important steps.
Focus on affordability and equity: The federal clean-vehicle tax credit that effectively gave EV buyers a discount expired in September 2025. An alternative is targeted, point-of-sale support for lower- and middle-income buyers. By moving away from blanket credits in favor of targeted incentives – a model already used in California and Pennsylvania – governments can ensure public funds are directed toward people who are currently priced out of the EV market. Additionally, interest-rate buydowns that allow buyers to reduce their loan payments and “green loan” programs can help, typically funded through state and local governments, utility companies or federal grants.
Keep building out the charging network: A federal judge ruled on Jan. 23, 2026, that the Trump administration violated the law when it suspended a $5 billion program for expanding the nation’s EV charger network. That expansion effort can be improved by shifting the focus from the number of ports installed to the number of working chargers, as California did in 2025. Enforcing reliability and clearing bottlenecks, such as electricity connections and payment systems, could help boost the number of functioning sites.
Use fleet procurement as a stabilizer for U.S. sales: When states, cities and companies provide a predictable volume of vehicle purchases, that helps manufacturers plan future investments. For example, Amazon’s 2019 order of 100,000 Rivian electric delivery vehicles to be delivered over the following decade gave the startup automaker the boost it needed.
Treat workforce transition as core infrastructure: This means giving workers skills they can carry from job to job, helping suppliers retool instead of shutting down, and coordinating training with employers’ needs. Done right, these investments turn economic change into a source of stable jobs and broad public support. Done poorly, they risk a political backlash.
The scene at the Detroit Auto Show should be a warning, not a verdict. The global auto industry is accelerating its EV transition. The question for the United States is whether it will shape that future – and ensure the technologies and jobs of the next automotive era are in the U.S. – or import it.
Hengrui Liu, Postdoctoral Scholar in Economics and Public Policy, The Fletcher School, Tufts University and Kelly Sims Gallagher, Professor of Energy and Environmental Policy, Director of the Climate Policy Lab and Center for International Environment and Resource Policy, The Fletcher School, Tufts University
This article is republished from The Conversation under a Creative Commons license. Read the original article.
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Celebrate America’s 250th Birthday with Summer Deals, Savings and Prizes
(Feature Impact) America’s 250th birthday calls for celebration, and this summer, it goes well beyond backyard barbecues and poolside parties.
Watch this video to learn more
To help mark the milestone, Circle K is rolling out refreshing deals, new merch and exciting prizes as America’s Party Stop – the one-stop destination for summer value and fun. The free Inner Circle rewards program is your ticket to the party – join by downloading the Circle K app and creating an account.
Rewards members can enjoy any size Polar Pop for just 25 cents on July 1 at participating locations. Fans can also grab limited-edition merchandise like hats and shirts to show off their love for the iconic drink. From July 1-Sept. 1, anyone can play the new Scratch & Win game daily in the app for instant prizes with members unlocking exclusive eligibility for weekly cash prizes.
The fun extends beyond the store, too. Throughout July, you can support the American Red Cross by rounding up in-store purchases to help disaster relief efforts and first responders across the U.S.
Download the app, join the free rewards program and find more ways to celebrate America’s birthday by visiting CircleK.com/America-250.
SOURCE:
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Consumer Corner
5 Summer Safety Risks Homeowners Often Overlook When Hosting
Summer is the perfect season for gathering outdoors with friends and family, but if you’re a homeowner planning to host barbecues, pool parties or holiday celebrations this year, it’s important to consider the potential safety and liability risks that may be affecting your own backyard. Set your summer up for success by paying special attention to these five often-overlooked seasonal safety risks.
5 Summer Safety Risks Homeowners Often Overlook When Hosting
(Feature Impact) Summer is the perfect season for gathering outdoors with friends and family, but if you’re a homeowner planning to host barbecues, pool parties or holiday celebrations this year, it’s important to consider the potential safety and liability risks that may be affecting your own backyard. A little advance planning can help you ensure that your guests enjoy safe, healthy experiences at your home and leave with only happy memories.
According to the U.S. Consumer Product Safety Commission, thousands of injuries each year are linked to fireworks, grills and swimming pools. While most summer gatherings end without incident, Mercury Insurance is encouraging homeowners to remember that smart preparation can help you avoid unfortunate accidents and costly damage.
“A few simple safety checks can help homeowners create a safer environment for everyone while protecting the property they’ve worked hard to build,” said Larry Anderson, underwriting operations director at Mercury Insurance.
Set your summer up for success by paying special attention to these five often-overlooked seasonal safety risks.
Guest Injuries and Liability Risks
Since summer gatherings naturally increase foot traffic around a property, it should be safe to walk around. Uneven walkways, loose decking, poor lighting and pet-related incidents can all lead to injuries that homeowners may not anticipate.
Before hosting events, audit your property to repair trip hazards and ensure walkways and outdoor gathering areas are well-lit. If you have pets that may become stressed around large groups, secure them before guests arrive. Since unforeseen events can still occur despite your best efforts, review your liability coverage to understand available protections.
Unsupervised Pool Areas
Swimming pools can provide endless summer fun, but they also present one of the most serious safety risks around the home. Drowning remains a leading cause of accidental death for young children, making active supervision essential whenever children are near water.
If your backyard includes a pool, ensure that gates and barriers are functioning properly, keep rescue equipment nearby and consider pool alarms and self-closing gates for additional protection. Most importantly, never leave children unattended around water.
Backyard Grill Fires
Grilling is a summer tradition, but outdoor cooking equipment can quickly become a fire hazard if used improperly. Placing your grill too close to flammable objects, letting grease build up and leaving the grill unattended can all increase the risk of property damage.
Start by making sure your grill is set up at least 10 feet away from homes, fences and overhangs before you fire it up. Clean grease trays regularly, never leave a grill unattended while cooking and keep a fire extinguisher accessible during outdoor cooking.
Fireworks Too Close to Homes and Landscaping
Fireworks-related fires increase significantly during summer, particularly in dry climates where even one stray spark can ignite vegetation or nearby structures.
The safest option, when possible, is to attend professional displays rather than hosting your own. However, if you’re planning on lighting up your skies this summer, follow all local laws and restrictions regarding fireworks and keep your launch site well away from homes, vehicles and dry landscaping. Have a water source readily available when using legal consumer fireworks.
Outdoor Electrical Hazards
Extension cords, decorative lighting, outdoor speakers and fans often receive extra use during summer gatherings. Damaged cords or overloaded outlets can create shock and fire hazards. As you set up your summer entertainment systems, check your equipment to be sure it’s rated for outdoor use. Keep electrical connections away from pools and water features, avoid overloading electrical outlets and take a few extra minutes before each gathering to inspect outdoor cords for wear and damage.
“Most homeowners focus on making their gatherings enjoyable, but safety should be part of the preparation process,” Anderson said. “Taking a few minutes to identify potential hazards before guests arrive can help prevent accidents and allow everyone to focus on enjoying the season.”
For more home safety resources and insurance information, visit MercuryInsurance.com/Resources.
Photos courtesy of Shutterstock
SOURCE:
Mercury Insurance
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Automotive
Slate Truck Update: Affordable EV Pickup Moves Closer to Production With $24,950 Price Tag
Slate Truck officially reveals a $24,950 price, improved 205-mile range, and production updates. See how Jay Leno’s test drive highlighted the customizable affordable EV pickup.
Last Updated on June 27, 2026 by Daily News Staff
The race to bring affordable electric vehicles to American drivers is heating up, and one startup continues to attract major attention: Slate Auto’s compact electric pickup truck.
Since its debut, the Slate Truck has positioned itself as a different kind of EV — one focused less on luxury technology and more on affordability, simplicity, and customization. The company recently revealed important updates, including official pricing, improved range estimates, and the opening of preorders as it moves closer to production. 
Slate Truck Officially Priced at $24,950
When Slate Auto first introduced the truck, the company gained headlines by suggesting an electric pickup could eventually cost under $20,000 after incentives.
That original target has changed, but Slate says the mission remains the same: build a practical electric vehicle at a price point accessible to more consumers.
The base Slate Truck will start at $24,950 before taxes, fees, and optional equipment. The company is also offering SUV conversion options starting around the $30,000 range.
While it is no longer a sub-$20,000 vehicle, the Slate Truck could still become one of the most affordable new EVs available in the United States.
More Range Than Originally Expected
One of the biggest technical updates is the truck’s improved estimated range.
Early versions of the Slate Truck were expected to offer around 150 miles of range. The company has now increased that estimate to approximately 205 miles using a 63-kWh LFP battery pack.
The truck is expected to feature:
- Rear-wheel-drive electric motor
- Around 181 horsepower
- Approximately 1,550-pound payload capacity
- Around 2,000-pound towing capability
- NACS charging connector for Tesla Supercharger access
Jay Leno Takes the Slate Truck for a Drive
The Slate Truck gained additional attention after appearing on Jay Leno’s Garage, where longtime automotive enthusiast Jay Leno tested a prototype version of the vehicle.
The episode gave viewers a closer look at Slate’s unusual approach: instead of building a luxury EV loaded with expensive features, the company created a simple platform that owners can customize over time.
The truck’s philosophy includes:
- Easy-to-repair design
- Replaceable body panels
- DIY-friendly customization
- Accessories that allow owners to personalize the vehicle after purchase
The concept is closer to an automotive “blank canvas” than a traditional factory-built vehicle.
Built Around Customization
Slate’s strategy is different from most automakers. Instead of offering dozens of factory trims, the company plans to sell a basic vehicle and let owners add features later.
Planned upgrades include:
- Interior improvements
- Audio systems
- Roof racks
- Exterior accessories
- Wrap options
- Pickup-to-SUV conversion kits
Slate says it plans to offer more than 175 accessories, allowing owners to build a vehicle based on their needs and budget.
Production Plans Remain on Track
Slate continues preparing for production at its Indiana manufacturing facility.
The company has raised additional funding, including a reported $650 million funding round, bringing total funding to approximately $1.4 billion. The money is intended to support factory development and production preparation.
Current plans:
- Production start: Late 2026
- Initial deliveries: Expected toward the end of 2026
- Larger production ramp: Expected in 2027
Can Slate Change the EV Market?
The Slate Truck represents a different idea about what an electric vehicle should be.
Instead of competing with premium models like the Rivian R1T or Ford F-150 Lightning, Slate is targeting drivers who want something affordable, practical, and easy to personalize.
The biggest challenge now is turning strong consumer interest into actual vehicles on the road.
With tens of thousands of reservations and growing attention from automotive media, Slate has created something rare in today’s auto industry: excitement around a vehicle designed around affordability.
The next major test will be production.
Related STM Daily News Coverage
- Electric Vehicle Innovation and Transportation Updates
- Automotive Industry News and Consumer Trends
- The Future of Transportation Technology
Further Reading
- Slate Auto Official Website
https://www.slate.auto - Jay Leno’s Garage: Slate Truck First Drive
https://www.youtube.com/watch?v=L6_9_HHLOSY - TechCrunch: Slate Auto Updates and Production Plans
- Cars.com: Slate Truck Pricing and Specs
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